Topic: Bitcoin movement: my thought (Read 553 times)

This is a good suggestion but it's a high cost form of advert if ever. And any regular bitcoin investor cannot afford the expenses, but only for those who have good amount of bitcoin in their portfolio. And I think it has already been done by some of the Bitcoin enthusiasts before but still the promotion until today is still far to reality.

The massive adoption of bitcoin, if i understand clearly, is what you're advocating for.

The truth is, it is a collective reponsibility, trust me, people from all works of life in different time zones that currently exist in the space are doing their very best in the advertising and promotion of blockchain technology, which is the technology behind the innovation, and crypto, which is what bitcoin is. You just have to do you wherever you find yourself.

I think there are already some crypto / blockchain related business that advertised on more mainstream media like sports sponsorship. But if you want to be more specific, something like Put Bitcoin on mainstream advertisement directly, then it's highly unlikely, since Bitcoin does not have a central entity that are willing to advertise that, so no one is directly benefiting from bitcoin advertisement, even the whale think it's not worth.

But what's wrong with people considering bitcoin as an investment? Don't you consider it an investment?

We all always prioritize our own interests. Those companies aren't the creators of bitcoin either, and what benefit would they gain by spending money just to promote bitcoin without focusing on promoting themselves? I don't see anything wrong because if we were in their position, we would do the same thing. We constantly criticize others, but what have we done for bitcoin, or are we doing it for our own benefit?



Apart from the legal issue, the use of bitcoin to pay employees. You also need to ask people if they are willing to accept their salary in bitcoin instead of fiat. Because not everyone likes its volatility. As we often say, don't force others when they don't like bitcoin.

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Bitcoin is quite well known throughout the world, even in countries that still prohibit its use, but unfortunately, more people consider Bitcoin as an investment asset rather than currency, so when there is a company that advertises about Bitcoin at the stadium, they will introduce more about the company than about what are Bitcoins.
Meanwhile, regarding the use of Bitcoin as for salary payments or so on, that should be developed so that gradually the goal of making Bitcoin a digital currency will be achieved and not just as an investment asset or exchange trading currency that provides benefits because of its very agile price movements.

If you have huge amount of bitcoin in your account, and you’re willing to give away some of it, then you’re good to go. Just know that if you’re trying to make an advert with the help of famous league, the result or impact would be highly exceptional but their fees are very expensive as well. That’s the reason why even a lot would aim for bitcoin global adoption easier and faster, the process is very hard and demands a huge amount of budget.

I don't really think we should do high advertising about Bitcoin because it is not a product from a company that is looking for buyers, and I don't see it as a company that needs much advertising everywhere before it continues to be succeeding, Bitcoin is digital currency which was created for as alternative to fiat currency. So I don't think it need that type of advertisement. I believe a lot of people are aware of the existence of Bitcoin at this point, but the main problem is that they are too lazy to do their own research and find out if it is something worth adopted,It is not that Bitcoin is not popular; it is so popular that on almost every social media site you find news about it or people discussing its price.
 
It is not that people are not adopting Bitcoin, but the truth is that the rate of adoption is not increasing as we were expecting, and all this has to do with government issues with Bitcoin. As we all know, many countries have not legalized Bitcoin, and even those people who want to adopt or volunteer themselves and raise awareness of Bitcoin are scared of the punishment they will face for going against the law of their country.

For someone who is also well acquainted with altcoins, the word cryptocurrency itself does not mean only Bitcoin, but for a beginner it may be associated specifically with Bitcoin. Yes, you may be right where you rarely see direct advertising of bitcoin, mostly these are signs at establishments that accept bitcoin as payment. But there are a lot of altcoins and they need to compete with each other, so they have to spend a lot of money on advertising.

Alright sounds good, have you try to convince one of store or marketplace to accept Bitcoin as alternative payment? have you try to convince one of company to pay their workers in Bitcoin? if you have not yet, then you should try it first.

Maybe you will think "what I get after convince someone about Bitcoin?", "I've tried, but they don't want to accept" etc, when you already know the answer, you wouldn't ask this question.

I do not think that there are that many nations looking to ban bitcoin outright. There could be some laws regarding mining, but not trading or holding bitcoin. There aren't that many I know of, and that means it must be a low amount. Look at all the major nations all around the world, you can see that it is not happening and they are more than likely to just accept it as a legal thing and tax it instead, that's where they make the money from and I think they will continue to do so.

When a government finds something they can tax, they will more than likely accept it, only dictators won't because they already can take whatever they want. That's an important piece of information as a rule of thumb on future predictions.

No need IMO.

Whenever you hear the word cryptocurrency, what's the first thing that comes up to your mind? Isn't it Bitcoin? When somebody searches cryptocurrency in Google, what's the first thing that comes up? Isn't it Bitcoin? Why the need to advertise it in various sports events when it already is becoming more and more popular as years pass by.

I understand that there are some altcoins that are being promoted in different sports events like the Crypto.com Arena, the old FTX Arena from the Heat, Crypto.com being promoted in MMA as well, and many more. They need it because they're less popular in comparison to how popular Bitcoin is right now. Another one is that, who will pay for the advertisement fees? For sure they will not promote it for free right?

And what is the reason that the big Bitcoin holders are hiding to this day? I believe there is a reason for this. And it lies in the fact that these people do not want to pay high taxes on their profits. No, you will not wait for that moment and the day will not come when these comrades will emerge from the shadows.
They will continue to hide from the authorities for as long as they can. This practice is very common in the world. It existed before the entire epic with cryptocurrencies, when offshore zones were used to store capital.

These are the right thoughts and of course it contributed to the growth of bitcoin's popularity, but the fact is that not every country can do this because of the attitude to bitcoin from a legal point of view. I mean that in many countries bitcoin is banally banned and such advertising may be illegal. And then the clubs that placed the advertisement may have problems. And why would they sell bitcoin at all, while having such strong risks of getting fines?
We have the usual evening news that talks about cryptocurrencies, it's worth updating bitcoin ATH.

I can understand that the OP and many other people want for the adoption of bitcoin to grow at an even faster speed, but each person is going to decide on their own when to buy and hold bitcoin, so if for them this is not a good moment to buy bitcoin then no amount of ads will change their mind.

I adopted bitcoin when I did not because I saw an ad, I simply found out about bitcoin by accident and then after reading more about it I got convinced it was the future, so we must let each person to come to terms with bitcoin and decide when to adopt it, even if we would like them to do so as fast as possible as it is not up to us to take this decision for them.

As you said, this has been done a lot. Even top exchanges like Binance also work with Cristiano Ronaldo. Namely in the Cristiano Ronaldo NFT project on Binance. This does have its own impact. But yes, the level of effectiveness is sometimes not very hopeful. It's just that crypto in the sports sector has become quite common and crypto has indeed entered the realm of sports too, especially in football. So that we also find many altcoins specially made for football clubs called altcoins: Fan Token.

But Bitcoin is not a company to promote itself through advertising organizations in sporting events, and I do not think that any advertising company will be interested in promoting Bitcoin without direct returns. Your idea was implemented a little differently after some platforms started advertising campaigns in the stadiums, such as the Binance platform, whose logo appeared in all matches of the last World Cup in Qatar. This is in addition to some casinos in other sports tournaments.
I think this helped raise awareness of crypto in general and the benefit of its uses to a large group of people.

I am actually familiar with some crypto projects that have partnered with football clubs like Digitalbits that was a major sponsor of AS Roma and Inter Milan before the deal was called off. OKX is a major sponsor of Manchester City, Atletico Madrid new sponsorship deal with WhaleFin, I could go on and on. Bitcoin is not centralized and it is not a governance token of a decentralized project that the community could come together and decide which football club to advertise it. Where is the money for the advert going to come from? So as you can see this is not possible, a football club might decide to pay their players with Bitcoin but I don't know of any. Adoption might be slow but I believe Bitcoin is getting the attention and recognition it deserves.

It is common low effects from advertisement and it's not new effect type we see with Bitcoin advertisement on football team skirts or at stadiums. Years since I joined the forum and knew about signature campaigns or forum advertisement banners (which were stopped by theymos months ago), I many times wonder myself that why many companies are able to spend huge funds for signature campaigns and some even run it many years.

Maybe they got good effects from signature (that I doubt they don't) or get good income somewhere and are ready spend fund for signature campaign without much requirement of campaign effect.

Paying players in Bitcoin is good as Bitcoin is a best cryptocurrency, it's here many years and is a strongest and safest.

It's joke if you remember some clubs paid players, influencers in fan tokens. 

Some companies that are related to cryptos sponsor football teams, so it's already happening and helping make people more aware of the market's existence. However, when people hear about something, even if it's something that reaches tons of people because of how popular it is, they often forget about it pretty fast. So it has some impact, it helps promote cryptocurrencies and certain companies that secure those sponsorships, but if hundreds of millions see a Bitcoin logo, it doesn't mean that even 1% of these people will actually try using Bitcoin.
Paying players in Bitcoin was done in some instances, I think, but nothing big enough to see if that actually makes a difference in terms of Bitcoin adoption.

The crux of the matter lies in the ever-expanding adoption, which entices a multitude of individuals to give it a shot themselves. In reality, the statement you penned down is entirely disconnected from your financial realm, as it pertains to the relationship between clubs and soccer players. Nevertheless, if this adoption encompasses a broader spectrum of people, the ripple effect on price shifts becomes more pronounced.

To illustrate, take the case of the English Premier League introducing a fresh policy wherein anyone purchasing tickets via cryptocurrency is entitled to a 15% discount. From this instance, the widespread embrace of Bitcoin and cryptocurrencies gains further momentum, thereby propelling the crypto prices upward.

It seems like an interesting idea, of course if BTC has been widely adopted for now it will only take time for people to trust Bitcoin. Well, if the community understands on the other hand, this condition will have a positive effect because the market potential and business space will increase wide open means that they are not only market objects but also have the opportunity to become actors and make a profit.

Are you bored with Bitcoin today? What is quite boring even though there was a slight increase yesterday.
I mean, I don't expect this kind of thing, surely Whale or a large money owner to move prices or make sentiment encouragement through things like that is not difficult for them, but there are some things that cannot be done in such a movement that can causing new chaos, because on average each country has rules in payment or transactions, unless Bitcoin is made a prize like a trophy, then it is not a problem, but to make a salary payment or advertise bitcoin intentionally through the sports competition competition will cause a big question mark and will get comments from the local government.

Maybe the future can happen like this, but be happy and continue to gather bitcoin, brothers when your dreams are achieved then you will get extraordinary benefits like your expectations.

Although your suggestion OP may gain productive outcome, but I think lovesmayfamilis is right. If you want to promote bitcoin and its usage, start it within yourself and your own localization. You can make your own advert of your local product and accept bitcoin as a mode of payment. That way, your neighboring places will also recognize the usage of bitcoin and eventually use it if they want. Start using bitcoin of your own so that other people will imitate you. Once they have proven there is more convenience with bitcoin than fiat, I guess it’s not hard for them to make bitcoin as another option for fiat every time they buy goods and services.

There are promotions already going on that puts bitcoin in the mainstream like when casinos partner with a sporting club and has Bitcoin logo as the casino logo or when everyone knows that casino as a Bitcoin casino because of their name or other advertisement they have seen about the casino promoting bitcoin usage for gambling. We already have many Bitcoin advertisment and many more will be launched soon as we're getting closer to the bull market.

I don't think we should be forcing people to know about bitcoin through advertisment or we'll be sending them the wrong message on what Bitcoin is all about and that's why we're getting more of short term investors only joining because of the profits they want to make.

Now, there are many promotions about Bitcoin on sites that can attract people to join Bitcoin. And with lots of news about the possibility that Bitcoin prices will rise high before or after the halving, people are starting to invest in Bitcoin. They seem not to want to miss out on the big advantage this time.

But if during the journey towards this halving, a group of people, groups, institutions or even football clubs or others announce that they will use Bitcoin, it will help people to start adopting Bitcoin. So, let's just wait and try to spread the word about Bitcoin in as many places as we know.

And when Bitcoin has passed through this bear market phase, people will realize that Bitcoin is a valuable asset. They will follow people who have already invested in Bitcoin and start collecting Bitcoin.

I guess a lot of bitcoin enthusiasts have done it before but still they end up only with bitcoin popularity, not in bitcoin global promotion. That’s why a lot have settled only in bitcoin as an investment tool. However, if you want to try it for yourself, I’d still think that’s a great idea. But make sure that you know the risk first of using bitcoin as a currency so that other people won’t blame you if their bitcoin prices have suddenly experienced price decline.

It is very rare, if we talk about promoting Bitcoin.
Some big exchanges like Binance seem to have done it, sponsoring soccer matches and Cristiano Ronaldo is also one of their ambassadors.
It's just like they want to introduce crypto at once including Bitcoin and those who see it are interested and trade on their platform.

But for people personally, maybe they just share Bitcoin information and explain it to the closest people or to their community.
Big events discussing Bitcoin and its development are also a place to introduce Bitcoin.
Like the Bitcoin Conference event that will be held in October in Amsterdam and this event is often done.

https://b.tc/conference

OP, are you another one of those volunteers who are passionate about promoting Bitcoin around the world? Start with yourself. In each separate area, put on a Bitcoin jersey and distribute the same ones, as some forum members do. Why would successful whales promote Bitcoin? They have everything in chocolate. If you want perspective, do it yourself. Grow and, by your example, attract your neighbors and friends. A small wave always creates a big one. There is no need to wait for someone with a famous name to do everything for you. Bitcoin welcomes freedom; in every single country, everything is in the hands of the people.

You've certainly hit on a point about Bitcoin's growth; its organic and community-driven. While I agree with you that awareness has surged, especially since 2017, one could argue that proactive educational campaigns might actually bolster its rate of adoption even further. For instance, people are often skeptical or uninterested because they simply don't understand what Bitcoin is, or why it matters. Trust me, this kind of boredom is more common than you might think.

Even though it's decentralized, the community can organize grassroots movements or campaigns to dispel myths & educate the public. Crowdfunding for such projects isn't a stretch. Why wait for people to educate themselves when we can expedite the process and increase the rate of adoption? So, while the decentralized nature does mean there's no "official" promotion, this shouldn't hinder a collective community effort

Bitcoin is owned by no one, so someone spending millions just to make it famous won't benefit? That will never happen. Even if we ourselves are millionaires or rich by bitcoin, would we be willing to do it? I believe no one would be kind enough to do that so the idea makes no sense. Instead of coming up with grand ideas, if we really want bitcoin to become popular, let's do the simplest things. Like Marvell1 mentioned, why not mention bitcoin to the people around us first?

The more people know about Bitcoin, The demand for Bitcoin will increase exponentially. But why we don't see such campaigns is because it is decentralized. Now almost everyone knows about Bitcoin and it is expanding. People will associate with Bitcoin on their own terms. No need for promotion. The popularity of Bitcoin in 2017 has multiplied in 2021 and it is likely to increase its rate even more in the next years. Since Bitcoin has not yet received legal validity in all places, its expansion will only be gained if it is spread among others, not traditionally, but by increasing their own knowledge.

Sponsorships for football clubs are in the order of tens of millions per year, and usually there are big companies behind it. Bitcoin is not a company, there is no CEO, there is no shareholders, the only way would be that someone who actually owns thousand of bitcoins decides to simply sacrifice part of his fortune, but it's highly unlikely.

how i wish this will come to reality very soon , because for sure this will add bigger
advertisement and of course more effect in positive way to all crypto not only in bitcoin.
for how many years now , this has been denied , even some big investors are hiding their personality not to be connected in crypto for their safer reason.
but if this happens surely that will be the start of what we called Worldwide adioption .

Bitcoin has become popular beyond our imagination, even in rural areas people know about it but they still don't really care much about it. Indeed, people need bitcoin, bitcoin does not need to beg someone to use it. So it is not necessary to find a way to promote it to people in the same way that companies promote their products. Using bitcoin has great benefits, so those who really need it will find it. We don't have to come up with all sorts of ways to promote it as a product to sell for a profit.

OP, don't try to think of huge missions to introduce people to bitcoin. If you really want to spread bitcoin to everyone, the first thing you need to do is introduce it to your loved ones. If you can do that, it will be an important contribution to bitcoin.

And I think the opportunity for a Bitcoin ETF to get approved by the Sec is growing. Because as we know, Bitcoin recently experienced a fairly rapid rise again after Grayscale won a lawsuit against the SEC.

I think we are just a matter of time until a Bitcoin ETF is approved by the SEC. And yes, this will definitely have a big impact and will create quite a high price spike in the market. Because when 1 Bitcoin ETF is approved, there will be many more others applying for Bitcoin ETFs from various other large companies.

I can relate to GOLD ETF here before. When the Gold ETF was approved, we saw how gold's price skyrocketed. So for me, this ETF thing is also good and much better with these football advertisements.
Most advertisements I can see are the platform that uses Bitcoin, like gambling site, exchanges, and investments. For sure they will benefit from the cost of advertisement they are paying.

Bitcoin will be more popular if ETF is approved by Sec maybe US investors will likely be willing to invest because they know that the SEC is approved and know the funds are safe. But who know the future but from today Bitcoin will likely goes much further

Elsalvaldor accept as currencies The biggest investment fund manager like BlackRock also want bitcoin there is so many countries start to regulate crypto in a good way so this gonna be nice

Some exchange and gambling companies has a dozen of advertisement about crypto slow but sure bitcoin become mainstream

I had never thought of that idea.. but thinking about it a bit large scale advertising through popular media such as football has the potential to reach a massive audience and raise awareness of Bitcoin among people who may not be very familiar with it. . Partnering with a popular soccer club could, in fact, bring more attention to Bitcoin and its use… Thanks to sports advertising being known for reaching global audiences.

I did some research and found out that other sports there are NBA, NFL and major league players accepting Bitcoin payments, this could demonstrate the practical use of Bitcoin in everyday life and increase adoption. The only thing I was thinking is if a football club is associated with Bitcoin and then experiences security issues or scams related to cryptocurrency, this could negatively affect their image and that of Bitcoin… They would have to know how to handle it very well.

Here you can see the page of the players paid with BTC who comment to them: https://buybitcoinworldwide.com/athletes/

It has happened and is still happening in the sports world that it limits players with Bitcoin.
Nowadays advertising is almost universal, but it only has an impact on the company and crypto in general because people who don't fully understand Bitcoin will assume that crypto is Bitcoin.

I am interested in one of the statements above that at this time what is needed is not Bitcoin promotion but the need for people to know the uses and advantages of Bitcoin.
In my opinion, an increase in the number of people who understand the uses and advantages of Bitcoin will make it easier for people to build Bitcoin ownership for themselves amidst the prohibitions and other regulations issued by countries that do not support Bitcoin.

Of course it would be a great idea for people to embrace Bitcoin as many more people would acquire it, the more demand it will it give to the market. Your idea is actually great but for sure in how many years Bitcoin's existence, for sure your idea were already have been made. Some also already implemented it like giving it as a prize to some public games for people to be aware to it. But let me tell you something, as a business man if you were to promote something without a return to you, would you advertise it? I mean if you were gonna promote something for sure they will give you something in return like cash or any benefits. Some of them doesn't even care about BTC despite it's potential since it's a decentralized system, they can't control it most of the people above love to be involved in something that could be manipulated or control.

Something like that could indeed be a promotional event for Bitcoin, especially if each sporting event is the sport that is most popular with everyone, such as football. Of course there will be a special influence or encouragement to make some people use Bitcoin and exchanges that sponsor a club. In addition, large companies that are willing to use Bitcoin for certain things will also be in the spotlight for many people because it can make people's trust in Bitcoin increase over time.

These occurrences have already been happening, and I believe that the world is quite familiar with cryptocurrencies. I have a passion for sports as well as betting. One noteworthy instance is the NBA's Los Angeles Lakers, one of the most popular teams, naming their arena the Crypto.com Arena. Moreover, various other sports are also being sponsored by specific crypto-related companies or projects. For example, Stake is known for sponsoring boxing matches.

The adoption of Bitcoin may not be challenging once governments are highly supportive. However, some countries have chosen to ban Bitcoin, while others opt not to regulate it. These factors pose certain obstacles to widespread adoption. Nonetheless, achieving success won't happen overnight. Over time, as Bitcoin continues to exist and further developments occur, it might become increasingly challenging for countries opposed to it to prevent its adoption. In fact, they may eventually find themselves compelled to adopt it to avoid falling behind.

Tha'ts my vision in the future.

At the moment, you can not pay everything with your bitcoin but the adoption is better than a couple of years ago. I expect to see better adoption in future for bitcoin so we can use bitcoin to pay for more services and things in future too.

The world will continue to have existence of fiat currency and in future, we will also have CBDCs. They will be used together with bitcoin and cryptocurrency in societies. With Bitcoin on chain transactions, you will have to pay transaction fee that can be more expensive than with bank transfer.

If you care about privacy, you will choose Bitcoin  network to use and pay on chain transaction fee and don't sacrifice your privacy to use banks with bank transfer.

The good: If we had a major crypto business sponsor the naming rights to an NFL football stadium that would be awesome!
The Bad: This didn't help: "Then there's Russell Okung, the former offensive tackle for the Carolina Panthers. He made headlines in 2020 by converting half his $13 million salary into Bitcoin. His $6.5 million investment could be down to around $2.7 million."  - Crypto Crash Costing NFL Players Millions
https://frontofficesports.com/crypto-crash-costing-nfl-players-millions/ and, Mark Cuban's huge class action lawsuit is ugly too. Many people in Texas will never go near Bitcoin again. We need to learn not to trust major scum like the FTX exchange.

This cannot be done by just any whale, but by 'BTC companies', or websites that accept BTC, they can do it as a form of advertisement by inscribing their websites name on the players' jersey and with the BTC logo alongside it. Few years ago Watford and Southampton football clubs' had the BTC logo on their jersey, this was sponsored by Sportsbet.io, i don't know if that partnership is still on or if the logo is still inscribed on the players' jersey.
BTC is a volatile currency, so i don't think clubs will do this, neither will the players accept it, a better option is if some football clubs start accepting BTC as a payment option in their official store for customers that may want to pay in BTC. I think Watford did this some years ago, but take note that it was because of their partnership with Sportsbet, which is a BTC betting company.

Bitcoin, at its core, is a digital revolution, a global shift, if you will, in how we think about and trade value. It's interesting that football, a game that millions of people love, is being used to spread the word about Bitcoin.

Still, your idea is interesting, but I need to add a detailed economic perspective. When a club decides to pay its players in Bitcoin, aren't we mixing up association and cause? The funds of a club are complicated. Adding Bitcoin to their payment system could change the way financial variables work, which could cause problems that weren't expected.

But when it comes to ads, it was a stroke of genius to combine the wide appeal of football with the future appeal of Bitcoin. But let's think about it: Will it help people understand or just make them more well-known?

Mixing the old (like sports) with the new (like Bitcoin) is beautiful in and of itself. Still, we need to be careful, because when we jump into the unknown of innovation, we might not always be able to see how it will affect the world economy.

To the people who know the use of Bitcoin it is a good convenience to them because they don't need to make another transaction into fiat currency just deposit immediately and they can make a transaction of course it's different because there's a fee unlike paying into fiat currency that is 1:1 or an exclusive VAT or not or included with tax.
This kind of news can be a big deal because they adopted the use of Bitcoin known of it is rising again and people can accept this as their payment and possible price movement again if a large organization accepts this.

Things like education really need to be increased so that people know about Bitcoin in terms of its use and usage. Bitcoin is quite popular which is synonymous with the term crypto currency.
Because we know that not all countries accept bitcoin easily, by providing knowledge to people around what bitcoin is, its use and usage is much more useful at this time.

This is different from altcoins which are relatively easy to accept as transaction systems such as XRP because they are centralized, while the bitcoin system has no centralized control.
IMO, something like that.

Famous clubs, communities or other organizations can do it.
But it also depends on how the local government responds to bitcoin because if your country bans people from using bitcoin, it will bring problems to the people trying to promote it.
Another case is if bitcoin is allowed to be used by people and can be an alternative means of payment, this will encourage people's interest to try using bitcoin.
But we still can't force them to try using bitcoin because it depends on them.
We can only tell them about bitcoin now and then it will be up to them because using bitcoin is an option for them.

It is a great idea, and I believe it will really help in bitcoin adoption if truly Bitcoin can be advertised in football ways, as you said, but I don't think it is possible unless clubs decide to do that on their own because Bitcoin is not owned by anyone, so who will be paying money for the sponsorship of those clubs?

Can you please tell me who those whales are that are going to spend money to advertise Bitcoin on those leagues? I don't think that any investor of Bitcoin would take a step like that to promote it because they already know that Bitcoin has reached to many people of the world and those people will increase its value or may share details about it with their friends, loved ones, and communities without any cost. The whales are mostly there to hold and earn money with the help of the Bitcoin they own and they would never ever take any step to advertise Bitcoin.

Let's say a company that invests in Bitcoin thinks about advertising it then still they won't be able to convince the Football clubs or the leagues to place the advertisements that contain Bitcoin in it because many of the regulatory authorities are still against the concept of Bitcoin and they won't allow any advertisements that try to promote Bitcoin.

I also think that none of the clubs will announce to pay their players with Bitcoin because most of the player won't accept Bitcoin payments due to the volatility of it. They don't want to take payment in a currency that drops and rises in value every once in a while, and surely most of those players would prefer to get paid with fiat instead of Bitcoin.

Imagining Bitcoin's reach through partnerships is exciting! I've been exploring XGo, a platform designed for user-friendly experiences. They've got this cool XGoID feature, grouping various coin addresses into a single ID. It's functional design like this that can make cryptocurrencies more accessible and relatable to the masses.

It is bitcoin and not bitcoins.
Concerning your proposed advertisement in the boards during football matches and other places. I think this proposal would have been better if it was the first year of Bitcoin launch. I tell you that no single person that is playing football or even watching football that does not know about bitcoin. Anyone that has access to internet knows about Bitcoin and almost has heard about it. So, your proposal is necessary and no one will take that tax because bitcoin is a decentralized coin.

People that do not know about bitcoin are people that are living in rural places and maybe who do not have access to internet. Bitcoin does not beg people to be aware of it. It is just the battle of government to hide Bitcoin. If government should give bitcoin a level-playing ground, the adoption will be massive.

Since the football clubs are not into cryptocurrency as a payment method and the volatile nature of bitcoin, it will make it impossible for them to pay their players in bitcoin. Moreover,since it hasn't been legally accept by the world as an alternative means of payment some countries that bitcoin is illegal will find it difficult to buy players from other leagues with bitcoin and vice versa. That is why you can see that these clubs are using the most common and valuable fiat currency which is USD for payment and for transfers. This is a nice idea OP but I believe that when the adoption increases as time passes by it might come to past.

The oy thing that remain for Bitcoin as means of payment is CHOICE, and that's on it's adopters because as a decentralized digital currency, it will be hard for the government to regulate and if that doesn't happen all those payment services around the globe will choose to stay away too because they could be target by the government and it can affect their business but slow and steadiness can win this race, maybe this is the beginning, if ETFs start getting approval here and there it could mean that the law will end up allowing Bitcoin to be useful for payment and settlements around the world one day.

I've never come across a sports industry that directly promotes Bitcoin. But in Mixed Martial Arts especially in UFC (because I'm an MMA fan) I saw that there is a cryptocurrency exchange platform that is Crypto.com and a crypto project that is Vechain which has become one of their main sponsors. I think if BTC is banned due to regulations then there is no problem with cryptocurrency exchange companies promoting them to let people know about crypto including BTC.

Of course we all wish more people would invest in Bitcoin and use Bitcoin. Currently many people know about Bitcoin but are not accepting to invest in it,and the main reason is that there is no specific group or company to systematically sponsor it. I appreciate your suggestion, that if Bitcoin is promoted by a football club, it can also help promote Bitcoin a lot, and many people may be inclined to invest in Bitcoin. Bitcoin itself is not a company, but the big whales together can make this campaign work very well. If a football club is sponsored it can give a great message to the people and even people who don't know about Bitcoin at all will be interested in investing in Bitcoin. There are many ways to promote Bitcoin if put in the effort. A major online store mechanism to allow players to pay in bitcoin or transact in bitcoin will help promote bitcoin in all these ways and thus people will start getting interested in it with more certainty. I think, Governments' patronage will be necessary to implement all these proposals, as there are many countries where cryptocurrencies are banned.

The big whales putting adverts on football clubs be like "Invest money in my centralized crypto project. Trust me, I won't exit scam".
This sounds like meme content to me. Crypto.com is a big sponsor of sports events and I've seen their logo being placed on some football stadiums. Does this lead to mass crypto adoption? Nope...
Be honest here. You want crypto adoption mostly because you want the prices to hit the moon. You don't care about the poor bastards, who put their coins in centralized crypto scams and lose everything.
True crypto adoption will come, when the newcomers stay away from big crypto companies and keep their coins in their own cold wallets.

Why would a whale advertise about Bitcoin? A whale is happy with the way he ir she manipulates the market to accumulate Bitcoin from weak hands. Bitcoin adoption is moving at a faster pace than you can think. Think in this way why suddenly there is big debate among governments of different countries about regulation. 3 years back none of them cared about regulating Bitcoin. Now all of them are trying to come up with a global consensus on regulation.

I don't think that will happen. Companies, which are the most interested in doing that, are more likely to want to advertise a shitcoin than bitcoin itself, or their own company, as happened with the FTX Arena. To do so, it would have to be a billionaire who is a hardcore bitcoiner and doesn't mind spending the money on a sunk cost, probably for not much, as it wouldn't have much impact, as mk4 says:

I think this can indeed trigger a spike in more new users. And yeah that's a pretty good idea when it comes to that. It's just that this may not be easy to realize due to various factors that could hinder such as government policies and so on.

But yeah, if a big club announces that they pay players in bitcoin, then as we know, there are a lot of football lovers in this world. And well many of them don't know about bitcoin. So if there is a club that announces things about bitcoin then it will spark people's curiosity and yes surely there will also be many who start to enter after learning about it out of curiosity.

yes, I agree with your opinion, because the most important thing is how people know the use of bitcoin, and I think there are still very few people who know the use of bitcoin, but with the internet now many people have started to know bitcoin, because on the internet now the name bitcoin is already familiar, but there are still many people who don't know what bitcoin is for.

Advertising Bitcoin and/or Bitcoin services on football leagues and the like won't have the same effect today that it would get back in the day.

Unlike probably in pre-2017 bull run, Bitcoin has now been a household name for a while now. Today, we don't need people to know the Bitcoin name — we need people to know what Bitcoin is and is for.

I love your idea as we totally need more popularization ,
bitcoin needs all resources to be known worldwide and to force the government to finally adopting.
but all of these thing are "WHAT IF" because whales are only for their interests and that is to take our money out.
if this will be taken seriously , I think their money making machine will stop as the uses of bitcoin will serve according to its purpose , and not for holding only.
hoping that we will see some light on how you wanted it in the coming years but surely not in the nearest days.
and the promotion is the best concept of what he wanted to happen , because we knew how popular whales can be and
how they can popularized bitcoin in all sources.

your thinking makes sense too, and if a lot of people do what you mean, like paying salaries using bitcoin, of course it will have a good impact on the growth of bitcoin, but the problem is that every country has different regulations and many countries prohibit using btc as a means of payment.

but in my opinion bitcoin will grow by itself even if it is not promoted.

Yes if every person uses Bitcoin massively the world will gain and rise as you expected. but, we have to not forget, that every country has rules that make Bitcoin forbidden to use, so that situation people who have Bitcoin in their wallet would find it and difficult to use it. They don't know how to invest his money into bitcoin because that country who have sponsor football league has banned bitcoin. I ever seen this situation, and hear their complaints about the situation.

I dont think so, I dont think this is going to make a huge impact, there are only a limited amount of people that are going to get influenced but this kind of promotion but I guess it is better than not promoting at all, I know that there are some of this that already happened in the past. But it just doesnt really make a huge impact Bitcoin I guess cryptocurrency wasn't really that popular at that time.

But still, if we are going to compare the users in the past year to the cryptocurrency or Bitcoin users/investors right now there was obviously a huge difference in it, and cryptocurrency this day, in my opinion, was just huge compared to the past years where there where barely a few people that know cryptocurrency, because at this time cryptocurrency and Bitcoin are already promoted by a lot of companies and even banks where you could already buy and sell or invest cryptocurrency in banks platform which I think a really big help because a lot of users have its opportunity to invest in cryptocurrency.

Do you think some of these have not been done?
Like I recall when some of the musicians wanted there shows paid for using bitcoin. I could recall snoop dog at a time. I had rumors of 50cent and even some basketball stars sorting out the option, at least a part of their earnings be paid in bitcoin. Surely it did trend for a while but then, away it went (@ the trend).
No doubt it pooled in some investors but still, we are where we are now.

Hence, even having bitcoin sampled on a billboard won’t change much. It’s already being done by the many casinos with football clubs sponsorship deals. The word out is how they use bitcoin in placing bets on their platform. Watford FC had it on their Jersey at a time but still, we are where we are.

There isn’t going to be any swift pace and nothing would promote bitcoin more than the bullrun so, just seat back and watch the times unfold.

In many years, Bitcoin increases its adoption without advertisement at stadiums and I only see Sportsbet.io is a first, likely, cryptocurrency gambling site that advertises their gambling platforms on skirts of some clubs like Wolverhampton and others as well as in stadium and press conference.

Altcoin has Terra as a famous advertisement but that project is a scam Ponzi and collapsed in 2022.

Without advertisement at stadiums, you see Bitcoin already achieved very good adoption growth. I am positive about Bitcoin adoption even without advertisement at stadiums.

Your hope is unrealistic because Bitcoin whales self-respect their privacy and not all of them publicly reveal that they are Bitcoin whales. So requiring them to publicly sponsor for Bitcoin advertisement is unrealistic.

Little intro to my context: It is a decentralized platform, it is a means of payment with very particular characteristics that make the individual have individual financial empowerment like never before, for anyone.

We can expand more on its qualities, premises and technical characteristics, but with the above it is enough to achieve adoption, I ask you, do we need more?

Now, any additional boost, as is currently the case with many brands or related companies: Exchange, restaurants, casinos and a large etc., is only an added boost for each of those brands, that is, the phrase; "use bitcoin," or "bitcoin accepted here," it is an additional hook for your services or product.

If bitcoin is promotion in a campaign like "bitcoin" without having an added service, it is a financial revolutionary movement, that has the added that any government tries to stop or prohibit that type of marketing idea, that is what makes it prohibitive in Many countries, they do not want empowerment.

The only one who has done that and has been able is called Bukele, he has used bitcoin in its essence as a financial premise for individuals and as a means of payment, hence, for now to any other country where bitcoin is allowed, for any type of advertising a product, it must have an associated service.

Anyway!. The adoption of bitcoin is a peaceful, idealistic movement, perhaps in the relevance of other historical movements that have arisen from individuals and that is where "you" as an individual develop it and sometimes depending on it you just have to be part of the process, buy, sell, hodl, trade and if you have more financial potential create ventures, e.g. such as goods and services businesses, then "You" add ads: use bitcoin here or bitcoin accepted here.

Yes, more people coming to use bitcoin can help increase demand, which in turn will lead to an increase in price, but I don't think the whales will want to go that route either, as they are so concerned about hiding their identities and their holdings.


But an advertisement on a live match won't be a bad idea, and I don't think it will be breaking any rules anyways, as there are already a few crypto-supported platforms that run ads on public space like that without undergoing some kind of sanction.

All these are great advocating tips but the problem lies in bitcoin regulation by the government. Since the government is yet to fully support it this clubs will definitely be breaking rules by publicly advertising or advocating it.

I just thought of this, and I want you to view it from your own perspective. As everyone hopes that more people get to believe and use bitcoins, I think bitcoins can gain more new users on a large scale if anyone (whales ) can place their advert through a popular football club just as some companies do sponsor  football league. I think this will send a strong message to billions of people across the world who do know but does not embrace Bitcoin usage.
Let me site another example, let's take for instance, a club announces that they  will pay their players in BTC. This news can also help people adopt BTC.